WANdisco Plc Embedded product with enterprise cloud partner (4572F)
15 July 2019 - 4:00PM
UK Regulatory
TIDMWAND
RNS Number : 4572F
WANdisco Plc
15 July 2019
15 July 2019
WANdisco plc
("WANdisco" or the "Company")
Embedded joint product with enterprise cloud partner
WANdisco (LSE: WAND), the live data company, has agreed terms to
jointly develop a first of its kind data migration and replication
product with an enterprise cloud platform vendor (the "Partner").
The new solution will be embedded into the Partner's cloud platform
ecosystem, employing the Group's unique technology to enable live
data replication across use cases including big data cloud
migration, hybrid cloud and multi-region data consistency. The
joint initiative involves investment by both companies to provide a
frictionless experience for customers through a service that is
unique in the industry.
The joint product (the "Product") will combine the unique
patented Fusion technology from WANdisco with the scale, reach and
enterprise capabilities of the Partner's platform. The relationship
with the Partner involves cooperation in engineering to help
customers benefit from the availability of the unique data
migration and hybrid-cloud solution for big data.
Once available, the Product will be a fully managed cloud
service with full cloud portal integration allowing a single click
deployment. Customers will be able to seamlessly migrate data from
on-premise big data stores into the Partner's cloud without
worrying about procuring or managing infrastructure.
This co-development deal is of significant strategic importance
to WANdisco. WANdisco's unique Fusion technology for Live Data
remains the only viable big data replication product in the cloud,
with the Product forming a comprehensive embedded go-to-market
solution for Live Data.
David Richards, Chief Executive Officer and Chairman of
WANdisco, commented:
"This co-development project is one of the most important and
exciting developments in our journey to date. Our partnership with
one of the largest cloud platform vendors goes from strength to
strength, as they recognise our unique technology and its broad use
cases across their cloud ecosystem. Our joint solution, is to be a
comprehensive and deeply embedded Live Data replication solution
which will enable fluid cloud migration, hybrid cloud and
multi-region data consistency use cases across the Cloud platform.
This is a key step in furthering our partner relationship and we
look forward to working more closely with them."
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014 ("MAR"). Upon the
publication of this announcement, this inside information is now
considered to be in the public domain.
For the purposes of MAR and Article 2 of Commission Implementing
Regulation (EU) 2016/1055, this announcement is being made on
behalf of the Company by David Richards, CEO and Chairman.
For further information, please contact:
WANdisco plc via FTI Consulting
David Richards, Chief Executive Officer
and Chairman
Erik Miller, Chief Financial Officer
+44 (0)20 3727
FTI Consulting 1137
Matt Dixon / Harry Staight / Chris Birt
/ Kwaku Aning
+44 (0)20 7710
Stifel (Nomad and Joint Broker) 7600
Fred Walsh / Neil Shah / Alex Price
/ Rajpal Padam
+44 (0)20 7418
Peel Hunt (Joint Broker) 8900
Edward Knight / Nick Prowting
+44 (0)20 7220
WH Ireland Limited (Joint Broker) 1666
Adam Pollock
About WANdisco
WANdisco is the LiveData company that empowers enterprises to
revolutionize their IT infrastructure with its groundbreaking
distributed coordination engine (DConE) in the WANdisco Fusion
platform, enabling companies to generate hyperscale economics with
the same IT budget - across multiple development environments, data
centers, and cloud providers. WANdisco Fusion powers hundreds of
the Global 2000, including Cisco Systems, Allianz, AMD, Juniper,
Morgan Stanley and more. With significant OEM relationships with
IBM and Dell EMC and go-to-market partnerships with Amazon Web
Services, Cisco, Microsoft Azure, Google Cloud, Oracle, Alibaba and
other industry titans - WANdisco is igniting a LiveData movement
worldwide.
For more information on WANdisco, visit
http://www.wandisco.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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